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Showing 101 - 110 of 243 results for "Planning industry"

CHOICE, ISN hit back at associations aspersions

ELISE BURGESS  |  MONDAY, 17 OCT 2011
... will disclose the cost of their service to their customer or client. "It is extraordinary that the financial planning industry would be surprised that this commonplace arrangement should not apply to financial planners. Mack claimed the Financial Planning ...

FOFA reaches parliament with undisclosed feature

ELISE BURGESS  |  FRIDAY, 14 OCT 2011
... Rantall said the introduction of the retrospective disclosure statements was "never discussed with the financial planning industry and was included in the legislation without any prior consultation." The FPA said the inconsistency of this new disclosure ...

Dealer groups 'like' social media enterprising

ELISE BURGESS  |  FRIDAY, 30 SEP 2011
... making themselves at home with enterprise social media networking. This relatively new concept, especially to the planning industry, is the social collaboration within the dealer group and closed networks. It can be a private environment that has all ...

AFS to focus on independent market

ELISE BURGESS  |  WEDNESDAY, 28 SEP 2011
... Australian Financial Services Group (AFS) has come out in support of the future of the independent financial planning industry, saying it has a strong road ahead and confirmed that it was approached from three dealer groups seeking potential alliances ...

ISN submission targets advice requirement

ELISE BURGESS  |  TUESDAY, 20 SEP 2011
... related party. "A highly prescriptive or process-driven best interests obligation will be used by the financial planning industry to create loopholes and will impede the provision of affordable advice," said Robbie Campo, ISN's manager of strategy. ISN ...

Inactive clients trouble planning industry

ELISE BURGESS  |  FRIDAY, 16 SEP 2011
Financial planning firms can have up to five times as many inactive clients as active ones, although the unexpected impact of opt-in may change that, according to new research assessing firms currently for sale in the market. Radar Results looked at ...

Planning industry unified on commissions: AMP

ELISE BURGESS  |  FRIDAY, 9 SEP 2011
The Australian planning industry is more unified on the issue of commissions than sister global markets such as Canada and United States, although there are lessons to be learned, according to AMP head. Steve Helmich, AMP's director of financial planning ...

FOFA levels playing field: ANZ Wealth

ELISE BURGESS  |  MONDAY, 5 SEP 2011
... profession and repair any lost consumer confidence issues. Barrett also said lifting standards is key to uniting the planning industry, for the benefit of planners and consumers. "It is incumbent on firms like ours to lift their standards and ensure ...

IOOF combines multi managers and adds director

MATT WOODINGTON  |  THURSDAY, 1 SEP 2011
... leading WHK that ended in June this year. IOOF said that White would bring a deep understanding of the financial planning industry and will ask shareholders to consider White's appointment at the company's annual general meeting on November 23. In October ...

Rice Warner: opt-in cost applies to advisers in regular contact

MATT WOODINGTON  |  TUESDAY, 30 AUG 2011
... means that advisers can keep past kickbacks but as of July 1 2012, new clients will be subject to opt-in. "The planning industry does not like it because it completely exposes that it's a negligible cost for those in regular contact with clients," said ...